When we first launched our immersion programs, we were acutely aware that the full-time commitment meant students could experience some difficulties in covering day to day expenses while focused completely on study. So we introduced our Living Stipend—a new way to support a tech education. The stipend provides students with $1,500 to cover living expenses like rent and groceries.
The initial pilot in Salt Lake City had a tremendous response— the two slots we offered received over 200 applications. The reaction led to an expansion of the trial in Atlanta and Portland, where it was also enthusiastically received.
Now, we’re on a mission to introduce our Living Stipend around the country, giving even more students the ability to enjoy the benefits.
Eligible Living Stipend Cities
Students in the following cities are now eligible for Thinkful’s Living Stipend.
- Los Angeles
- Salt Lake City
- San Diego
- San Francisco
- Washington DC
Every Day 1 Life Changed
We’re on a mission to build the world’s next workforce, rethinking what it means to get an education and launch a career.
Nearly 60% of Americans have less than $1k in savings—meaning most Americans cannot afford the costs of changing careers. That’s why we launched ISAs in 2017, allowing students to pay zero tuition upfront.
Increased travel times impact access and outcomes. Our programs allow students of all different backgrounds and time commitments to study from their own homes, bringing the learning to them. We also help them find job opportunities where they are, with support built around finding a career in their area. combine online one-on-one learning with a mentor and local communities. We’re proud about expanding educational access to students in 23 cities.
In 2018, we set out to change at least one life every day. By the end of the year, 413 Thinkful graduates launched high growth careers across web development, data science, and product design. According to industry watchdog CIRR, our hired rate is among the best in the industry
Thinkful’s Living Stipend Explained
Our Living Stipend is available to immersion students based in the cities above.
Like our ISAs, the Living Stipend requires no up-front tuition payment. Instead, students finance their education by paying a percentage (15%) of their post-graduation income over four years. The payment period begins as soon as graduates start earning $40,000 or more and is capped at $40,000.
Every Day 10 Lives Changed
We’re expanding Thinkful’s Living Stipend to cities around the country that represent the future of tech. They are great places to live, have growing tech communities, and have more available tech jobs than available tech talent.
This is only the beginning. We’re building the world’s next workforce and we’re setting a new goal: #EveryDay10Lives Changed.
Want to learn more? Get to know the Living Stipend with our Product Marketing Manager Noel Duarte.